Machen's U of U Salary Topped with Bonuses

Machen's U of U Salary Topped with Bonuses

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(Salt Lake City-AP) -- Outgoing University of Utah president Bernie Machen's salary was fattened by more money and benefits than previously made public.

A copyright story in today's Salt Lake Tribune says that Machen's 271 thousand dollars annual base salary came with a house, car, health insurance and retirement benefits.

Machen has been named president of the University of Florida.

While in Utah, he also received a 50 thousand dollars yearly bonus from private donors.

Other salary add-ons included 150 thousand dollars from the private John R. Park endowment, a university-financed tax-deferred income plan equal to 12 percent of his base salary and a 400 thousand dollar insurance policy.

Officials with the Board of Regents said Friday that the private payments were no secret. However, The Salt Lake Tribune received the salary documents only after filing a request under the Government Records Access and Management Act.

Yesterday, the University of Florida board of trustees approved and publicized the contract it has with Machen, who will become the top paid university president in Florida and near the top in the nation if he stays for the entire term of his five-year contract, which can be extended to eight years.

(Copyright 2003 by The Associated Press. All Rights Reserved.)

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